Denham Capital to Invest US$80 Million in Plantation Energy

Plantation Energy, Australia’s only manufacturer and exporter of Densified Biomass Fuel (DBF) pellets, and Denham Capital announced that Denham will make up to a US$80 million equity investment in Plantation. Initial proceeds will go towards funding the construction of a new manufacturing plant in Albany, Western Australia. The investment will... 

Entergy Only U.S. Utility Selected to World Index for Third Consecutive Year

The Dow Jones Sustainability Indexes again named Entergy Corporation to its exclusive Dow Jones Sustainability World Index and Dow Jones Sustainability North American Index for 2008-2009. For the third year in a row, Entergy was the only U.S. utility selected to the world index. The Dow Jones Sustainability Indexes follow a best-in-class approach and... 

Westar Energy Sends Crews to Kentucky to Assist E.ON U.S. With Power Restoration Efforts

Westar Energy crews are heading east to help E.ON U.S. with power restoration from outages caused by intense winds as remnants of Hurricane Ike pushed through the state. E. ON U.S., based out of Louisville, Ky., owns and operates Louisville Gas and Electric Company (LG&E) and Kentucky Utilities Company (KU). Remnants of Ike caused power outages... 

AmerenUE Crews Wrap Up Power Restoration in St. Louis City and County; Resources Being Poured Into Southeast Missouri

AmerenUE crews restored more than 86,000 Missouri customers since storms from Hurricane Ike hit the area yesterday (Sunday). Approximately 4,300 St. Louis City and County customers remain without power; most are expected to be restored today. Employees from three other Midwestern utility companies are coming into UE’s service territory to help... 

ITC Sends Crews to Assist With Power Restoration in Hurricane-Ravaged Gulf Coast Communities

ITC Holdings Corp. has sent emergency field crews from its Michigan and Iowa operations to Louisiana to assist with power restoration efforts in the aftermath of Hurricane Gustav. The Gulf Coast storm, which hit Monday, has left more than 1.9 million residents in Louisiana without electricity. More than 90,000 households in neighboring Mississippi are... 

Entergy Warns of Precarious Power Island Situation in Southeastern Louisiana

Entergy’s transmission system has sustained extremely severe damage from Hurricane Gustav, damage that could make power restoration a difficult and slow process, especially in southeastern Louisiana. In terms of power outages, Hurricane Gustav was the second worst in Entergy’s 95-year history, peaking at about 850,000 early Tuesday —... 

Atmos Energy Crews Responding to Louisiana Storm Damage

Atmos Energy has more than 350,000 customers in Louisiana and crews are out in force to determine the extent of damage to facilities and make repairs. Although most natural gas facilities are underground, some have been damaged by trees that were uprooted from the strong winds. Even if a tree hasn’t been toppled—but was moved by the winds—people... 

Denbury Agrees to Purchase Texas Field for Potential Tertiary Flood

Denbury Resources Inc. announced today that it has entered into an agreement with a privately owned company to purchase a 91.4% interest in Conroe Field, a significant potential tertiary flood north of Houston, Texas, for $600 million, plus additional potential consideration if oil prices exceed $121 per barrel during the next three years as further... 

$68 Million in Kentucky Manufacturing Incentives Fast Tracks Electric Vehicle Talks at ZAP Headquarters With Integrity Manufacturing

Randall S. Waldman and Larry Cottingham of Integrity Manufacturing LLC are in Santa Rosa, California today for meetings with the management of electric vehicle pioneer ZAP (OTC BB:ZAAP.OB). Integrity Manufacturing has been working with the State of Kentucky to help provide incentives to attract more manufacturing and assembly to the state. On Friday... 

Pritchard Capital Partners Expands Equity Research Group

Pritchard Capital Partners, an energy investment bank, announced that Raymond Deacon, formerly of BMO Capital Markets, has joined the firm as a senior exploration and production energy analyst. Deacon brings 16 years of industry experience to Pritchard’s equity research team, and his primary focus will be on E&P companies in the Appalachian Basin...